Tax Power & financing development

Tax is powerful. It funds schools and hospitals – in Europe and everywhere in the world.

We all pay tax, but right now, big companies aren’t paying anywhere near as much as they should in developing countries. This takes billions of dollars away from vital public services every year, and the world’s poorest people are suffering as a result.

Scandals in Europe like “Luxleaks” have put the issue on the top of the European Commission’s agenda. ActionAid’s Tax Power campaign is working to ensure the EU gets its own house in order when it comes to addressing tax avoidance and evasion, but also in ensuring that developing countries can benefit from such reforms.

In time of social hardship in many European countries, and while inequalities are on the rise globally, it is more urgent than ever to close the loopholes that allow companies to avoid paying their fair share of tax.

By Hannah Brejnholt, Tax Policy and Programme Manager, Mellemfolkeligt Samvirke/ActionAid DenmarkYesterday, at the European Development Days in Brussels, we presented a new report titled ”ActionAid’s...

Walking through the huge Brussels conference centre where the European Development Days are taking place, which is crowded with events and stalls on many aspects of the Sustainable Development Goals...

A year after the LuxLeaks scandal, the European Union is figuring out how to respond to systemic problems in corporate taxation which have allowed multinationals to avoid billions of euros in taxes....